Private investment in conservation is always welcome but the evidence suggests governments will need to do the heavy lifting when it comes to repairing nature.
It is risky to assume the many high-level standard-setting initiatives today can provide blanket improvements. Asian businesses all have a part to play to create a trusted carbon market that benefits climate, nature and stakeholders.
Enshrining free, prior and informed consent in Malaysian law can improve the credibility of carbon projects. In the meantime, carbon conversations must include Indigenous voices and wisdom.
If the EU is to achieve its 2030 and 2050 climate goals, it must act now to ensure that it can weather the inevitable political headwinds. A new green social contract and industrial policy can make all the difference.